Phillips 66’s recently made public that its Exec. VP and CFO Mitchell Kevin J unloaded Company’s shares for reported $4.17 million on Aug 15 ’24. In the deal valued at $139.01 per share,30,000 shares were sold. As a result of this transaction, Mitchell Kevin J now holds 81,937 shares worth roughly $8.67 million.
Then, Mitchell Kevin J bought 30,000 shares, generating $4,170,411 in total proceeds.
Before that, Roberts Timothy D. sold 37,742 shares. Phillips 66 shares valued at $5,502,784 were divested by the Executive Vice President at a price of $145.80 per share. As a result of the transaction, Roberts Timothy D. now holds 48,365 shares, worth roughly $5.12 million.
TD Cowen reiterated its Phillips 66 [PSX] rating to a Buy in a research note published on April 28, 2025; the price target was $114. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in late March from “a Buy” to “a Neutral”. Wolfe Research also remained covering PSX and has increased its forecast on January 03, 2025 with a “an Outperform” recommendation from previously “Peer perform” rating.
Price Performance Review of PSX
On Monday, Phillips 66 [NYSE:PSX] saw its stock jump 1.74% to $105.78. Over the last five days, the stock has gained 9.04%. Phillips 66 shares have fallen nearly -7.15% since the year began. Nevertheless, the stocks have fallen -32.96% over the past one year. While a 52-week high of $155.84 was reached on 02/19/25, a 52-week low of $91.01 was recorded on 04/09/25. SMA at 50 days reached $117.18, while 200 days put it at $125.81.
Levels Of Support And Resistance For PSX Stock
The 24-hour chart illustrates a support level at 103.78, which if violated will result in even more drops to 101.78. On the upside, there is a resistance level at 107.03. A further resistance level may holdings at 108.28. The Relative Strength Index (RSI) on the 14-day chart is 47.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.16, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.27%. Stochastics %K at 92.24% indicates the stock is a selling.
How much short interest is there in Phillips 66?
A steep rise in short interest was recorded in Phillips 66 stocks on 2025-04-15, growing by 5.48 million shares to a total of 13.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 7.8 million shares. There was a rise of 41.27%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 11, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $150.
